{"id":13928,"date":"2023-11-07T10:08:44","date_gmt":"2023-11-07T10:08:44","guid":{"rendered":"http:\/\/TheNextWeb=1401334"},"modified":"2023-11-07T10:08:44","modified_gmt":"2023-11-07T10:08:44","slug":"why-europe-is-lagging-behind-in-the-spacetech-race","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=13928","title":{"rendered":"Why Europe is lagging behind in the spacetech race"},"content":{"rendered":"\n<p><a href=\"https:\/\/thenextweb.com\/news\/europe-spacex-satellite-rocket-launch-deal\" target=\"_blank\" rel=\"noopener\"><span>News broke<\/span><\/a><span> last month that the European Space Agency (ESA) had engaged SpaceX to launch four of Europe\u2019s Galileo satellites into orbit in 2024. The decision to turn to Elon Musk\u2019s US-based company comes in the wake of delays to <a href=\"https:\/\/thenextweb.com\/topic\/europe\" target=\"_blank\" rel=\"noopener\">Europe<\/a>\u2019s own Ariane 6 rockets, which mean the continent is without its own means to deliver large payloads into space. <\/span><\/p>\n<p><span>Though it\u2019s only designed to bridge the gap in our current capabilities, it\u2019s a disappointing development for Europe\u2019s spacetech community. But one that, unfortunately, many of us saw coming.&nbsp;<\/span><\/p>\n<h2><strong>Why Europe is falling behind in space&nbsp;<\/strong><\/h2>\n<p><span>Europe is currently lagging behind the rest of the world when it comes to <a href=\"https:\/\/thenextweb.com\/topic\/space\" target=\"_blank\" rel=\"noopener\">spacetech<\/a>, and the agreement with SpaceX is emblematic of a frustrating situation that\u2019s hampering opportunities to advance its capabilities.&nbsp;<\/span><\/p>\n<p><span>So why has Europe had to turn to a US-based company? After all, there is no shortage of demand, and it\u2019s not like the region is short on the kind of top level engineering talent that\u2019s needed to develop its own rockets.&nbsp;<\/span><\/p>\n<div class=\"inarticle-wrapper latest channel-cta hs-embed-tnw\">\n<div id=\"hs-embed-tnw\" class=\"channel-cta-wrapper\" readability=\"8.5\">\n<div class=\"channel-cta-img\"><img decoding=\"async\" class=\"js-lazy\" src=\"https:\/\/s3.amazonaws.com\/events.tnw\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"><\/div>\n<p><noscript><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/events.tnw\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"><\/noscript><\/p>\n<div class=\"channel-cta-input\" readability=\"12\">\n<p class=\"channel-cta-title\">The &lt;3 of EU tech<\/p>\n<p class=\"channel-cta-tagline\">The latest rumblings from the EU tech scene, a story from our wise ol&#8217; founder Boris, and some questionable AI art. It&#8217;s free, every week, in your inbox. Sign up now!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><span>One of the main problems is that there\u2019s simply a lack of competition to fuel the development of new capabilities. I\u2019d also argue that governments aren\u2019t helping the situation.&nbsp;<\/span><\/p>\n<p><span>Compared to the US and China, European space tech companies face a huge funding gap. In the US, funding largely comes from NASA and the Department of Defence who invested more than <\/span><a href=\"https:\/\/www.statista.com\/chart\/29454\/governments-with-the-largest-space-budgets\/\" target=\"_blank\" rel=\"nofollow noopener\"><span>$62 billion in 2022<\/span><\/a><span>. <\/span><\/p>\n<p><span>It\u2019s a similar story in China, where government support totalled <\/span><a href=\"https:\/\/www.statista.com\/chart\/29454\/governments-with-the-largest-space-budgets\/\" target=\"_blank\" rel=\"nofollow noopener\"><span>$12 billion<\/span><\/a><span>. Compare that with ESA, which has an annual budget of just <\/span><a href=\"https:\/\/www.statista.com\/statistics\/1169432\/european-space-agency-budget\/#:~:text=In%202022%2C%20the%20European%20Space,4.43%20billion%20euros%20in%202015.\" target=\"_blank\" rel=\"nofollow noopener\"><span>7.5 billion<\/span><\/a><span> euros, and it\u2019s easy to see why the region is lagging behind.&nbsp;<\/span><\/p>\n<h2><span><strong>How did we get here?<\/strong>&nbsp;<\/span><\/h2>\n<p><span>It\u2019s clear that dependency on foreign imports and companies like SpaceX will, in the long run, leave Europe\u2019s sovereignty vulnerable. So, why have we fallen so far behind?<\/span><\/p>\n<p><span>In part, ESA suffers from regulations on \u201cgeographic return.\u201d This means that when a country funds ESA, an equivalent amount of money must be reinvested into its own domestic industry.<\/span><\/p>\n<p><span>\u201cGeographic return\u201d was originally introduced to encourage investment and share the load (and returns) across big and small nations. In recent years, however, it has come under increased scrutiny for hampering the European space sector\u2019s ability to be competitive, because in short, innovation and competition aren\u2019t evenly spread. Finance should go to the best products, the best ideas and the most scalable commercial innovations, regardless of geography.<\/span><\/p>\n<p><span>Earlier this year, ESA\u2019s Director General Josef Aschbacher wrote that the region should move towards a \u201cfair contribution principle,\u201d which means adjusting the contribution of each European member state according to the outcome of the industrial competitions and the actual share gained by its industry in these competitions.&nbsp;<\/span><\/p>\n<p><span>While it\u2019s undoubtedly a step in the right direction, I would say this does not go far enough. Scrapping \u201cgeographic return\u201d entirely would be the kind of game changer that Europe needs to keep pace with the global space tech race.&nbsp;<\/span><\/p>\n<h2><span><strong>The power of partnership<\/strong>&nbsp;<\/span><\/h2>\n<p><span>Another reason Europe is falling behind its global counterparts is the absence of public-private partnerships, which would support growth in the continent\u2019s space sector. <\/span><\/p>\n<p><span>Take the US for example, where <a href=\"https:\/\/thenextweb.com\/topic\/nasa\" target=\"_blank\" rel=\"noopener\">NASA<\/a>\u2019s Commercial Orbital Transportation Services (COTS) programme backed SpaceX\u2019s development of Falcon 9, the first (and cheapest) partially-reusable rocket. The success of Falcon 9 set the stage for an atmosphere of enduring public-private partnerships, which foster competitiveness in the US today.&nbsp;<\/span><\/p>\n<p><span>NASA\u2019s administrator Bill Nelson has also stated that he backs fixed-price contracts with companies working on space exploration. Fixed-price contracts assume companies building technical systems absorb any unanticipated expenses, not NASA. This makes the market more competitive for growth-stage companies selling low-cost services to the agency.<\/span><\/p>\n<p><span>Here in Europe however, we simply don\u2019t have the same atmosphere of public-private partnerships. That\u2019s in part because we don\u2019t have a joint defence initiative. We also don\u2019t have an Elon Musk or a Jeff Bezos who are willing to invest billions. According to NASA\u2019s own independently verified numbers, SpaceX\u2019s development costs of both the Falcon 1 and Falcon 9 rockets were approximately $390 million in total.<\/span><\/p>\n<p><span>Unlike the US, there\u2019s also no single European country big enough to go it alone. This is where collaboration between public-private partnerships and like-minded companies could make all the difference. After all, it\u2019s a process we\u2019ve seen flourish with pan-European success stories like Airbus and defence systems specialist MBDA.&nbsp;<\/span><\/p>\n<h2><span><strong>Europe needs to ignite its space tech landscap<\/strong>e<\/span><\/h2>\n<p><span>Spacetech has the potential to advance innovation across every aspect of our lives. Europe is full of companies that are developing technologies that won\u2019t just advance our extra-terrestrial ambitions, but improve lives down here on terra firma too. However, they can only succeed if they have the support and backing they need to flourish.&nbsp;<\/span><\/p>\n<p><span>If the current disparity continues, Europe runs the risk of becoming a mere spectator as space industries in countries like the USA and China surge ahead. Left unchecked, it\u2019s a situation that won\u2019t just hamper our ability to launch our own satellites into space, but potentially jeopardise our economy, our security, and even our defence capabilities.&nbsp;<\/span><\/p>\n<p><span>And that\u2019s a space race that we simply cannot afford to lose.&nbsp;<\/span><\/p>\n<p><em>Jean-Fran\u00e7ois Morizur is the founder and CEO of&nbsp;<a href=\"https:\/\/www.cailabs.com\/\" target=\"_blank\" rel=\"nofollow noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.cailabs.com\/&amp;source=gmail&amp;ust=1699436754170000&amp;usg=AOvVaw3Tc4P2FQ2e7cjLi2METn6t\">Cailabs<\/a> and a Forbes 30 Under 30 honouree in Science &amp; Healthcare. Prior to founding Cailabs in 2013, he was Senior Associate at Boston Consulting Group and is co-inventor of Cailabs\u2019s groundbreaking Multi-Plane Light Conversion technology.<\/em><\/p>\n<p> <a href=\"https:\/\/thenextweb.com\/news\/why-europe-lagging-behind-spacetech-race\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News broke last month that the European Space Agency (ESA) had engaged SpaceX to launch four of Europe\u2019s Galileo satellites into orbit in 2024. The decision to turn to Elon Musk\u2019s US-based&#8230;<\/p>\n","protected":false},"author":1,"featured_media":13929,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/13928"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13928"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/13928\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/13929"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}